“The Republican tax bill hurtling through Congress is increasingly tilting the United States tax code to benefit wealthy Americans.” That’s the beginning of a 37-word first sentence in a stage-setting...

Capital vs. countryside — that’s the new political divide, visible in multiple surprise election results over the past 11 months. It cuts across old partisan lines and replaces traditional divisions...

Perceptions matter. People make decisions, even life-altering decisions, based on what they perceive as likely to happen. To the extent that public policy affects such decisions, the perception of likely...